In his role at LiveMore, he will support mortgage brokers and financial advisers so they are “better equipped to deliver excellent consumer outcomes in an increasingly complex market”.
Pick will also work with “strategic partners” in order to increase distribution volumes though “education, strong relationships and hands-on support”.
He worked at More2Life for around a year as sales director and before that was head of equity release sales at Canada Life for nearly five years.
Prior to that, Pick was a business development manager for around two years at LV= and before that was national sales manager at The Right Equity Release Limited for around a year.
He has also held roles at Just Retirement an Equity Release Supermarket, and started his career as financial adviser at Aviva in 1998 before launching his own IFA practice in Dorset in 2002, which he ran for around eight years.
Pick said: “People who know me, know that my passion lies in delivering fantastic consumer outcomes, innovating and disrupting the industry. This is exactly what LiveMore does. I will make sure that the status quo is challenged. I will lead the drive to ensuring that customers get the right products at the right time of their lives – whether they are 53 or 103.
“I know I have my work cut out. The hard-hitting 2023 FCA report on later life lending demonstrated a gap that needs filling with education and better support for financial advisers and mortgage brokers. I will be working hard to help fill that gap.”
LiveMore was launched in 2020, offering standard capital and interest, standard interest-only and retirement interest-only. The company also entered into equity release market last year.
In an interview with this publication, LiveMore CEO Leon Diamond said that around 20 per cent of its originations now came from equity release.